Neste as an investment
Neste (NESTE, Nasdaq Helsinki) is the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel and a forerunner in creating solutions for mitigating climate change and accelerating a shift to a circular economy.
Neste creates solutions for mitigating climate change and accelerating a shift to a circular economy. The company enables its customers to reduce their greenhouse gas emissions. Neste refines waste, residues and other renewable raw materials to high-quality renewable fuels at its refineries located on three continents. The company’s annual renewable fuels production capacity will be increased to 6.8 million tons in 2027.
Neste has high standards for sustainability and the company has consistently been recognized by several leading sustainability indices. In 2024, Neste's revenue stood at EUR 20.6 billion.
Strategic targets
We aim to become a global leader in renewable and circular solutions.
Performance improvement
We are targeting EUR 350 million EBITDA run rate improvement by the end of 2026.
Leverage
Maintain leverage below 40%.
Neste’s key figures 2024 in brief
5,796
Average number of employees
20,635
Revenue, MEUR
278
Safe days
1,252
Comparable EBITDA, MEUR
12.1
Our renewable products helped reduce GHG emissions, Mt CO2e
1,566
Cash-out investments, MEUR
Investor quick links
Broad recognition of our leadership in ESG
A number of third parties assess the sustainability of our operations using various assessments. Neste is included in the multiple ESG ratings and indices.
CDP
In 2025, Neste received a 'B' rating in the CDP’s Climate Change and Forests assessments, and a 'C' rating in the Water Security assessment. For years, CDP has recognized Neste for its actions to mitigate climate change and prevent deforestation.
MSCI ESG Rating Index
Neste reached AAA rating in 2024 in MSCI ESG Rating Index. MSCI ESG Ratings aim to measure a company's resilience to long-term ESG risks. Companies are scored on an industry-relative AAA-CCC scale across the most relevant key issues based on a company's business model. MSCI Inc. is one of the world’s largest providers of ESG Indexes.
S&P Global Sustainability Yearbook
Neste is included in the S&P Sustainability Yearbook 2025 and is ranked as Sustainability Yearbook Member among the 15% of the industry’s top-performing companies.
Sustainability quick links
Sustainability
All relevant sustainability metrics available in the Sustainability data package
High-quality refining assets
We produce high-quality renewable fuels at our refineries in Porvoo, Finland, Rotterdam, the Netherlands and Singapore as well as through our joint operation with Marathon Petroleum in Martinez, California, entirely from renewable raw materials with an annual nameplate capacity of approximately 5.5 million tons.
Our diverse crude oil based products are refined in Porvoo. In addition, our plant in Sluiskil, the Netherlands, is specialized in pre-treatment of renewable raw materials for our renewable products refineries.
Porvoo refinery
Neste’s ambition is to gradually transform the Porvoo refinery into a renewables and circular solutions refining hub.
Rotterdam refinery
Since 2011, Neste has produced renewable products at the Rotterdam refinery in the Netherlands.
Singapore refinery
Neste’s Singapore refinery that produces renewable products, started its operations in 2010.
Martinez Renewables, a joint operation with US-based Marathon Petroleum, produces renewable diesel in Martinez, California. Martinez Renewables refinery, 50% of which is owned by Neste, started operations in 2023.